660 Elm StSouth WilmingtonIL60474
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 660 Elm St, South Wilmington, IL, 60474 in South Wilmington is priced for capital growth, not immediate cash flow. The $204,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $56,361 by year five, with $1,710/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $1,500 |
City averages based on South Wilmington market data in our database. Property projections are estimates.
Single Family
Built in 1900
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60474, South Wilmington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 302 (100%) |
| Owner Occupied HU | 229 (75.8%) |
| Renter Occupied HU | 54 (17.9%) |
| Vacant Housing Units | 19 ( 6.3%) |
| Median Home Value | $199,375 |
| Average Home Value | $237,151 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12717552
